Growth Metrics

Array Technologies (ARRY) Depreciation Expense (2019 - 2026)

Array Technologies' quarterly Depreciation Expense came in at $2.4 million in Q1 2026, up 118.18% year-on-year from $1.1 million in Q1 2025, and up 4.35% quarter-over-quarter from $2.3 million in Q4 2025.

Array Technologies has reported Depreciation Expense for 8 years, with the latest figure at $2.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation Expense rose 118.18% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $7.4 million (up 60.87% YoY), and the FY2025 full-year result was $6.1 million, up 38.64% from the prior year.
  • Depreciation Expense for Q1 2026 stood at $2.4 million, up from $2.3 million in the prior quarter.
  • The five-year high for Depreciation Expense was $2.4 million in Q1 2026, with the low at $500000.0 in Q4 2022.
  • Average Depreciation Expense over 5 years is $1.1 million, with a median of $900000.0 recorded in 2024.
  • Year-over-year, Depreciation Expense declined 16.67% in 2022 and soared 118.18% in 2026.
  • Tracing ARRY's Depreciation Expense over 5 years: stood at $500000.0 in 2022, then soared by 40.0% to $700000.0 in 2023, then soared by 57.14% to $1.1 million in 2024, then soared by 109.09% to $2.3 million in 2025, then increased by 4.35% to $2.4 million in 2026.
  • The last three Depreciation Expense figures came in at $2.4 million (Q1 2026), $2.3 million (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 2.20 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 2.40 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 2.40 Mn
Dec 31, 2025 2.30 Mn
Sep 30, 2025 1.60 Mn
Jun 30, 2025 1.10 Mn
Mar 31, 2025 1.10 Mn
Dec 31, 2024 1.10 Mn
Sep 30, 2024 1.30 Mn
Jun 30, 2024 1.10 Mn
Mar 31, 2024 900,000.00
Dec 31, 2023 700,000.00
Sep 30, 2023 700,000.00
Jun 30, 2023 600,000.00
Mar 31, 2023 600,000.00
Dec 31, 2022 500,000.00
Sep 30, 2022 700,000.00
Jun 30, 2022 600,000.00
Mar 31, 2022 600,000.00
Dec 31, 2021 600,000.00
Sep 30, 2021 600,000.00
Jun 30, 2021 600,000.00
Mar 31, 2021 600,000.00
Dec 31, 2020 400,000.00
Sep 30, 2020 600,000.00
Jun 30, 2020 600,000.00
Mar 31, 2020 500,000.00
Dec 31, 2019 500,000.00
Sep 30, 2019 500,000.00